As Google prepares to defend itself in court against claims of monopolistic practices, the stakes have never been higher—not just for the tech giant, but for the very framework of innovation within the U.S. economy. The Justice Department’s call for a breakup of Google’s assets, including its ubiquitous search engine, hints at deeper concerns about
Enterprise
Tesla’s recent financial turbulence has sent alarms ringing across the investment community. The electric vehicle giant saw its shares plummet nearly 6% on a day that preceded the much-anticipated first-quarter earnings report. At $227.50, the stock is teetering just above yearly lows, representing a staggering 44% loss for 2023. What stands out is this marked
In the unforgiving landscape of the COVID-19 pandemic, Shreya Murthy and Joy Tao dared to dream big by launching Partiful, a party-planning startup. Their audacious goal of fostering in-person connections faced an unprecedented challenge, as social distancing and isolation dictated a period where gatherings were deemed a health risk. Yet, rather than retreating under the
Nestled within a network of discreet facilities in Santa Barbara, California, Alphabet is pioneering a transformative journey toward quantum computing supremacy. This initiative is not merely a corporate experiment; it’s a significant plunge into a domain that could redefine technological frontiers. The ambitious project led by Google Quantum AI aims to fuse quantum mechanics with
In an era marked by heightened political tension and social polarization, President Donald Trump’s recent executive order targeting Chris Krebs, the former Chief of the Cybersecurity and Infrastructure Security Agency (CISA), has raised alarming concerns about the future of democracy and corporate governance in America. By attempting to blackball Krebs—among others—from public roles, Trump is
Figma, the design software innovator, has ambitiously filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission, signaling a robust effort to enter the public market. This ambitious move comes on the heels of a failed acquisition by Adobe, a tumultuous situation that saw Figma receiving a $1 billion termination fee
The semiconductor industry has become a battlefield, where high-stakes policy shifts and prices can turn the tides of economic fortunes overnight. South Korea recently made a striking move by allocating an astonishing 33 trillion won (approximately $23.25 billion) to bolster its semiconductor industry amid escalating uncertainties linked to U.S. tariffs. This decision signifies not only
In a bold and controversial move, Meta has revealed the expansion of its board of directors with the addition of two high-profile figures: Dina Powell McCormick and Patrick Collison. Powell McCormick, who served as a deputy national security advisor under President Trump, carries a political pedigree that cannot be overlooked. Her connection to Trump’s administration,
The ongoing trade tensions between the United States and China have thrust corporate giants into a vortex of uncertainty, with Apple Inc. standing as a bewildered protagonist in this economic drama. As the world’s most valuable company grapples with tariffs that have escalated to an alarming 145% on certain goods from China, the stakes have
In a surprising and audacious leap into the fiscal fray, Peter Thiel and his Founders Fund have finalized a staggering $4.6 billion late-stage venture fund, officially dubbed Founders Fund Growth III. The firm, which has long been a stalwart in the technology investment space, relies on contributions from an impressive 270 investors, showcasing the high